Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
48 hedge funds and large institutions have $50.9M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 6 reducing their positions, and 5 closing their positions.
283% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more capital invested
Capital invested by funds: $35M → $50.9M (+$15.9M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 46 → 48 (+2)
3.19% more ownership
Funds ownership: 22.42% → 25.62% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$6.71M |
| 2 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$3.68M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$1.59M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.08M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$746K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.49M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.36M |
| 3 |
ALIONA
Allianz Life Insurance of North America
Minneapolis,
Minnesota
|
-$205K |
| 4 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$47.8K |
| 5 |
PFA
Pathway Financial Advisors
South Burlington,
Vermont
|
-$32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
51
Centaurus Financial
Anaheim,
California
| – | -$7K | -164 | Closed |
|
52
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$1K | -16 | Closed |
|
QQQE Hedge Fund Activity: Q3 2018 in Review
48 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2018, worth a combined $50.9M — up 45% from $35M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new QQQE positions and 5 closed out — a net gain of 2 holders — while 23 added to existing stakes and 6 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $6.71M. The largest seller was Morgan Stanley, cutting an estimated $2.49M.
- 48 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2018, up from 46 in Q2 2018.
- Funds reported $50.9M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2018, up 45% quarter-over-quarter.
- 7 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2018 and 5 closed out, a net change of +2 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2018 was Private Advisor Group, an estimated $6.71M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2018 was Morgan Stanley, an estimated $2.49M sold.
Based on aggregated 13F filings for Q3 2018.